Folks, the Calgary Flames are a much different team than they were a year ago. They’ve undergone a lot of big changes to their roster, and the impact of those changes – and the beginning of the long-awaited retooling/rebuilding/re-(verbing) process – can be found in the off-season betting odds that have emerged.

As we hit the mid-July lull in hockey news, we thought we’d dig into the odds posted by our buddies at Betway.

Making the playoffs: The Flames are listed at +250 (or 2.5-to-1) to make the playoffs. While that doesn’t sound too bad, only five teams have longer odds: San Jose, Columbus, Anaheim, Chicago and Montreal.

Winning the Pacific Division: The Flames are listed at +2,000 (or 20-to-1) to be the regular season Pacific Division winners. The two teams with longer odds are San Jose and Anaheim.

Representing the Western Conference in the Stanley Cup Final: The Flames are listed at +3,500 (or 35-to-1) to represent the West in the 2025 Stanley Cup Final. Four West teams have longer odds: San Jose, Anaheim, Chicago and Utah.

Winning the Presidents’ Trophy: The Flames are listed at +15,000 (or 150-to-1) to finish first overall in the regular season and capture the Presidents’ Trophy. Five teams have longer odds: San Jose, Montreal, Columbus, Chicago and Anaheim.

Winning the Stanley Cup: The Flames are listed at +6,600 (or 66-to-1) to win the Stanley Cup. Six teams have longer odds: San Jose, Columbus, Anaheim, Chicago, Utah and Montreal.

Do the odds-makers think the Flames will be incredibly, historically bad? It appears not. The seeming consensus from the various posted odds are the Flames are expected to finish sixth or seventh-worst league-wide, depending on how you want to interpret their view of Utah’s chances. In all the odds, San Jose, Anaheim, Chicago, Columbus and Montreal are listed as bigger long-shots than the Flames.

A few Flames have posted odds for individual trophies.

The player with the best odds to win an award is netminder Dustin Wolf, who’s +1,000 (or 10-to-1) to win the Calder Trophy as the NHL’s top rookie. He has the seventh-best odds, following Matvei Michkov, Logan Stankoven, Macklin Celebrini, Cutter Gauthier, Will Smith and Cole Hutson.

Wolf is also listed as a possibility to win the Vezina Trophy as the NHL’s top netminder, albeit with quite long odds. He’s +20,000 (or 200-to-1) to win, just ahead of teammate Dan Vladar at +25,000 (or 250-to-1).

MacKenzie Weegar has +15,000 odds (or 150-to-1) to win the Norris Trophy as the NHL’s top blueliner, a bit ahead of teammate Rasmus Andersson at +25,000 (or 250-to-1).

Finally, two Flames have listed odds for the Hart Trophy as the player most valuable to his team: Jonathan Huberdeau at +30,000 (or 300-to-1) and Nazem Kadri at +50,000 (or 500-to-1). For the curious, Huberdeau has the same odds for the Hart Trophy as Johnny Gaudreau.